Matt Trakker was a rich white guy in the same way that Tony Stark was a rich white guy. Both were insanely wealthy and insanely powerful, with high level government connections. In fact it was that wealth, the wide reach of the Trakker Foundation and it's connections with the PNA that not only gave M.A.S.K. the perfect cover it did, but allowed the Trakker Foundation itself to serve as a front for M.A.S.K. as a trans-national anti-terrorism task force: specifically concerned with eliminating V.E.N.O.M., which was an offshoot of M.A.S.K., after Miles Mayhem betrayed them.